I have a question about my W4 form. Currently...I claim 0 on my W4, allowing them to take out as much as possible. Should I be claiming 1 as head of household? What about when I file my returns? Usually...I owe money, which is why I have always claimed 0. I bought a house this year...does that make a difference? Any advice would be appreciated. Please FM me with details. Thanks for your help.
shelzyp
Posted:
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Re: CPA's....???? about W4 forms...
Do you have a child?
luvsun27
Posted:
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Re: CPA's....???? about W4 forms...
Nope...no children.
shelzyp
Posted:
Member since
Re: CPA's....???? about W4 forms...
Then you should not claim head of household. I would maybe change it to SIngle One, since you now have the house, but it is not a guarantee as to how much you will owe or get refunded at the end of the year. It really depends on your income and your deductions.